Form 4: American States Water Co: Executive Christopher Connor Reports Changes in Beneficial Ownership
SEC Form 4
Christopher H. Connor, SVP of ASUS at American States Water Co, reports transactions involving common stock, including acquisitions and disposals to cover tax liabilities.
Summary
- On March 1, 2024, Christopher H. Connor acquired 6.0538 common stock units at $71.64, resulting in a holding of 1,360.7274 shares.
- On March 13, 2024, Connor acquired 1,056 common shares at $0, increasing his holdings to 2,416.7274 shares.
- On March 15, 2024, 71.3999 shares were disposed of at $71.79 to cover tax liabilities, reducing his holdings to 2,345.3275 shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive stock transactions, which is common in publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
- The disposal of shares to cover tax liabilities is a normal part of executive compensation and does not significantly impact other stakeholders.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Acquisition of 6.0538 common stock units at $71.64 |
| 03/13/2024 | Acquisition of 1,056 common shares at $0 |
| 03/15/2024 | Disposal of 71.3999 shares at $71.79 to cover tax liabilities |
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